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0.00166428911079411 0.00404184498335715 0.00832144555397055 0.00309082263433197 0.00225867807893483 -0.000951022349025182 -0.000951022349025182 -0.000951022349025182
Stock impact report

Wall Street Reacts to ‘Dovish' First Fed Rate Cut in 4 Years [Yahoo! Finance]

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
central bank cut interest rates by a half-point in its first reduction in four years. Most Read from Bloomberg California's Anti-Speeding Bill Can Be a Traffic Safety Breakthrough Pipe Fire Near Houston Forces Residents to Evacuate To Build a Happier City, Design for Density London Mayor Plans to Pedestrianize Busy Oxford Street New York City's Transit System Plans $65.4 Billion of Upgrades for Grand Central, Subways Fed officials' so-called dot plot, detailing officials' projections for the path of monetary policy in the months ahead, showed a further 50 basis points of easing slated for this year. Yet markets now suggest the Fed will cut at least another 72 basis points. In the immediate aftermath, short-end Treasuries rose, the S&P 500 Index held gains and a Bloomberg gauge of the dollar slumped. The move brings to an end weeks of speculation about whether the Fed would kick start its easing cycle with a quarter- or half-point cut. Traders were pricing a roughly eve Show less Read more
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